Analysis

Binance Will List dYdX (DYDX) in the Innovation Zone

Announcement from Binance.com

Binance will list dYdX (DYDX) in the Innovation Zone and open trading for DYDX/BNB, DYDX/BTC, DYDX/BUSD, and DYDX/USDT trading pairs at 2021-09-09 02:00 (UTC).

  • Users can now start depositing DYDX in preparation for trading
  • Withdrawals for DYDX will open at 2021-09-10 02:00 (UTC)

Note: The available withdrawal time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.

DYDX Listing Fee: 0 BNB.

What is dYdX (DYDX)?

DYDX is the governance token of the dYdX layer two protocol. DYDX grants holders the right to propose and vote on changes to the protocol, earn staking rewards and enjoy trading fee discounts.

Reminder

The Innovation Zone is a dedicated trading zone where users can trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.

Before trading in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.

DYDX is a relatively new token that poses a higher than average risk and will likely be subject to high price volatility. Please ensure that you exercise sound risk management, have done your research regarding DYDX’s fundamentals, and fully understand the project before opting to trade the token.

Details:

Risk warning: Cryptocurrency trading is subject to high market risk. Would you please make your trades cautiously? Binance will make the best efforts to choose high-quality coins but not be responsible for your trading losses.

Thanks for your support!

Binance

Recent Posts

DEBT Box Case Is Now Getting More Complicated With SEC Cover-Ups

The Cedar Innovation Foundation has filed a FOIA request for SEC communications regarding the DEBT…

6 hours ago

Crypto Custody Legislation Is Now Blocked By Joe Biden Administration

Biden administration to veto crypto custody legislation over stability and investor protection concerns.

7 hours ago

Tether Expands Into Eastern Europe With A New Investment In CityPay.io

Tether expands into Eastern Europe with new investment in Georgia's CityPay.io. The investment will support…

9 hours ago

VanEck Meme Coin Index Launched With 6 Tokens Tracked

The VanEck meme coin index tracks the performance of six prominent meme coins: DOGE, SHIB,…

9 hours ago

BitMEX Options Trading Platform Launched With Target Of $500 Million Volume In 3 Months

BitMEX options trading aims to grow interest in cryptocurrency options amid regulatory developments.

10 hours ago

Tensions Rise Between Nigeria And Binance Over Bribery Allegations: Report

According to BBG, Nigeria and Binance dispute intensifies as Nigeria denies Binance's bribery allegations. Binance…

10 hours ago

This website uses cookies.